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Business

  • Existing clients given top home equity deals
    WASHINGTON – “Them that's got are them that gets,” Ray Charles sang in the 1960s. That sentiment rings true today in the U.S. mortgage market.
  • Glassmaker for iPhone to cut jobs
    A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant. GT Advanced Technologies filed for Chapter 11 bankruptcy protection this month.
  • Oil price drop shakes up globe
    NEW YORK – A sudden plunge in the price of oil is sending economic and political shockwaves around the world.
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Week Ahead

Today

•National Association of Realtors reports on existing-home sales for March

Tuesday

•Commerce Department reports on new-home sales for March

Wednesday

•Commerce Department reports on durable goods for March

•Germany’s Ifo institute releases its monthly index of business confidence, a closely watched indicator for Europe’s biggest economy

Thursday

•Labor Department reports on weekly jobless claims

•Freddie Mac, the mortgage company, reports on weekly mortgage rates

Friday

•Commerce Department releases first-quarter gross domestic product

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